Al Maha Ceramics CoOC (MUS:AMCI) Change In Inventory: ر.ع-0.30 Mil (TTM As of Mar. 2018)

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What is Al Maha Ceramics CoOC Change In Inventory?

Al Maha Ceramics CoOC MUS:AMCI -4.53% Change In Inventory is ر.ع-0.30 Mil as of Mar. 2018.

Al Maha Ceramics CoOC's change in inventory for the quarter that ended in Mar. 2018 was ر.ع0.09 Mil. It means Al Maha Ceramics CoOC's inventory declined by ر.ع0.09 Mil from Dec. 2017 to Mar. 2018 .

Al Maha Ceramics CoOC's change in inventory for the fiscal year that ended in Dec. 2017 was ر.ع-0.19 Mil. It means Al Maha Ceramics CoOC's inventory increased by ر.ع0.19 Mil from Dec. 2016 to Dec. 2017 .

Al Maha Ceramics CoOC's Total Inventories for the quarter that ended in Mar. 2018 was ر.ع1.91 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al Maha Ceramics CoOC's Days Inventory for the quarter that ended in Mar. 2018 was 135.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Maha Ceramics CoOC's Inventory Turnover for the quarter that ended in Mar. 2018 was 0.67.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Al Maha Ceramics CoOC's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.98.

Al Maha Ceramics CoOC  (MUS:AMCI) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Al Maha Ceramics CoOC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.9485/1.315*365 / 4
=135.21

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Al Maha Ceramics CoOC's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.315 / 1.9485
=0.67

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Al Maha Ceramics CoOC's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.9485 / 1.983
=0.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Al Maha Ceramics CoOC Change In Inventory Related Terms

Al Maha Ceramics CoOC Change In Inventory Historical Data

* Premium members only.

The historical data trend for Al Maha Ceramics CoOC's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Al Maha Ceramics CoOC Change In Inventory Chart

Al Maha Ceramics CoOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Change In Inventory
-0.36 -0.04 0.06 -0.06 -0.19

Al Maha Ceramics CoOC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 -0.04 -0.25 -0.10 0.09

Al Maha Ceramics CoOC Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-0.30 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ر.ع-0.30 Mil mean?
Al Maha Ceramics CoOC (MUS:AMCI) has a Change In Inventory of ر.ع-0.30 Mil as of Mar. 2018. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Al Maha Ceramics CoOC and its competitors.
Is Al Maha Ceramics CoOC's Change In Inventory too high?
Al Maha Ceramics CoOC's current Change In Inventory is ر.ع-0.30 Mil.
How does Al Maha Ceramics CoOC's Change In Inventory compare to competitors?
Al Maha Ceramics CoOC's Change In Inventory of ر.ع-0.30 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Construction company?
A good Change In Inventory depends on the Construction industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Al Maha Ceramics CoOC and its competitors. Al Maha Ceramics CoOC's current Change In Inventory is ر.ع-0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Ceramics CoOC stock overvalued right now?
Al Maha Ceramics CoOC (MUS:AMCI) has a current Change In Inventory of ر.ع-0.30 Mil. The current Change In Inventory is ر.ع-0.30 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Al Maha Ceramics CoOC (MUS:AMCI), the current Change In Inventory is ر.ع-0.30 Mil as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Al Maha Ceramics CoOC Business Description

Address Falaj Al Qabail, PO BOX 482, Sohar, OMN, 322
Al Maha Ceramics Co SAOC is a ceramic tile producing company in Oman. Its product offerings include ceramic tiles, glazed wall, floor tiles, border and highlighter tiles in a variety of designs and shades. The company also exports its products to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Syria, Lebanon, Jordan, Africa, and South Asia.